Wales has a growing SME base, with Cardiff in particular home to an expanding professional and digital services economy alongside established manufacturing, retail, and public-sector supply-chain businesses. Credicorp lends to limited companies and LLPs registered at Companies House across England and Wales, so Cardiff-based and Welsh companies apply on exactly the same basis as those elsewhere in the UK.
Welsh government support schemes vs private lending
Wales has several publicly backed business finance schemes administered through the Development Bank of Wales and other bodies. These can be valuable, but they often involve longer decision timelines, specific eligibility conditions, and sometimes equity or grant components. Credicorp's company loans are straightforward debt finance — no equity, no grants, no government approval process — and are often faster and more flexible for companies that simply need working capital now.
Manufacturing and supply chain companies in Wales
Wales has a significant advanced manufacturing sector, including aerospace and automotive supply chain companies. These businesses typically operate on extended payment terms from their large customers, creating persistent working capital gaps. A company loan can bridge the period between production costs and customer payment. Illustrative example: a component supplier with 60-day debtor terms might use a rolling facility to maintain supplier payments — figures illustrative, not a quote.
Applying from outside Cardiff
The process is identical for companies based in Swansea, Newport, Wrexham, or rural mid-Wales. We do not require a local presence; the application is online and the assessment is based on the company's registered details and trading evidence.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: Business finance for limited companies in Bristol, Business finance for companies in Birmingham and the West Midlands.